DID RICKY DEWIGHT WHITMIRE JR CAUSE YOU INVESTMENT LOSSES?
Ricky Whitmire Jr Of LPL Financial LLC Has 2 Customer Complaints For Alleged Broker Misconduct
About Ricky Whitmire Jr of LPL Financial LLC?
Ricky Whitmire Jr (CRD #5121672) is currently registered with LPL Financial LLC in New Britain, PA, where he has been since May 18, 2022. Whitmire has a diverse registration history, having previously been associated with CUNA Brokerage Services, Inc. and PNC Investments. His experience spans several states, and he is licensed in 21 U.S. states and territories. Whitmire has passed three general industry/product exams and two state securities law exams, indicating his broad knowledge and compliance within the securities industry.
Investment Losses? Let’s talk.or, give us a ring at (800) 732-2889.
Ricky Whitmire Jr Customer Complaints and Reviews
Whitmire has disclosed the following negative events:
- Customer Disputes:
- Closed-No Action: A dispute involved allegations related to the mismanagement of funds earmarked for short-term home purchase needs, which were instead invested in a long-term retirement product. The complaint, received on February 19, 2015, was denied on March 4, 2015, with the firm finding no merit to the claims.
- Pending: Another complaint, received on April 1, 2024, alleges improper management of a variable annuity’s subaccount allocations. The client claims financial losses due to missed deadlines for allocation changes, with alleged damages totaling $22,000.
Allegations Against Ricky Whitmire Jr
- Mismanagement of Funds: The first dispute accuses Whitmire of investing funds designated for a specific short-term goal into unsuitable long-term retirement products, which was eventually denied.
- Improper Investment Management: The ongoing complaint alleges that Whitmire failed to manage a variable annuity appropriately, leading to missed opportunities and financial losses for the client. This dispute is still pending resolution.
Ricky Whitmire Jr Red Flags & Your Rights As An Investor
Of course, Ricky Whitmire Jr did not admit to any of the allegations. But regardless of whether an arbitration award was entered, a settlement occurred, or the customer complaint is still pending, the allegations made by customers are red flags which should put all current and former customers of Ricky Whitmire Jr at LPL Financial LLC on alert to review carefully the activity and performance of their accounts and question whether Ricky Whitmire Jr has engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at LPL Financial LLC also raises questions about the brokerage firms’ supervisory practices. If these red flags raise questions, call us and we will inform you of your rights as an investor.
Did You Lose Money Because of Broker Misconduct?
If you have lost money due to negligence or fraud by a stockbroker or advisor, the easiest way to know if you have a case is to call our office at 800-732-2889. Our investment fraud attorneys will evaluate your claim for free and let you know if we can help you recover your losses.
Need Legal Help? Let’s talk.or, give us a ring at 561-338-0037.
File A Claim To Recover Your Investment Losses At LPL Financial LLC Due To Ricky Whitmire Jr
If you have questions about LPL Financial LLC and/or Ricky Whitmire Jr and the management or performance of your accounts, please contact Attorney Pearce for a free initial consultation via email or Toll Free at 1-800-732-2889.
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